更多"（ ） the change in the interest rate"的相关试题:
[单项选择]Which combination of interest rate options most likely has the same pattern of payoffs as the short position in a forward rate agreement Interest rate call option Interest rate put option（）①A. Long Long ②B. Long Short ③C. Short Long
A. ①
B. ②
C. ③
[单项选择]The CFO of Magma Corporation expects interest rates especially LIBOR to increase. She would like to place the company in a position to profit from the expected interest rate increase. Which of the following interest rate swap arrangements would allow Magma to profit from an increase in LIBOR（）
A. a swap in which Magma pays a fixed rate and receives a floating rate tied to LIBOR.
B. a swap in which Magma pays a floating rate tied to LIBOR and receives a fixed rate.
C. a swap in which Magma pays a fixed rate and receives a fixed rate.
[单项选择]An analyst does research about interest rate policy tools. In implementing monetary policy, which of the statements is NOT used as an interest rate policy by the U. S. Federal Reserve（）
A. Bank reserve requirements.
B. The prime rate.
C. Verbal persuasion to influence how banks supply credit to businesses and consumers.
[单项选择]Which of the following measures of interest rate risk is most appropriate for bonds with prepayment option（）
A. Effective duration.
B. Modified duration.
C. Macaulay duration.
[单项选择]An investor is concerned about interest rate risk. Which of the following bonds has the least interest rate risk The bond with:
A. 5% yield and 10-year maturity.
B. 5% yield and 15-year maturity.
C. 6% yield and 10-year maturity.
[单项选择]An analyst does research about interest rate risk. The duration of a bond with $1000 face value is 4.5, and its current price is $990. Which of the following is the best estimate of the bond price change if interest rates increase by 3%（）
A. -$133.65
B. -$135.00
C. $133.65
[单项选择]Initially, the nominal interest rate is 8 percent and the expected rate of inflation is 6 percent. One year later, the nominal interest rate rises to 12 percent and inflation rate to 10 percent. Based on this information the interest rate:（）
A. has risen.
B. has fallen.
C. has remained the same.
[单项选择]When the nominal interest rate rises, （ ）
A. Economic activity is encouraged.
B. The real interest rate rises and the price of bonds rises.
C. Inflation rises and the real interest rate falls.
D. The real interest rate rises and the price of bonds falls.
[单项选择]The interest rate paid on negotiable CDs by banks in London is referred to as:
[单项选择]At the beginning of the fiscal year, interest rates climbed______3.2 percent, up half a point from the previous year.
A. by
B. in
C. to
D. on
[单项选择]All else being equal, in a rising interest rate environment, the price of a floating-rate security will mo.st likely decline if:（）
A. there is no cap.
B. the margin required by investors declines.
C. the coupon is reset every six months rather than monthly.
[单项选择]The most important interest rate used in U. S. monetary policy is the federal funds rate. All else being equal, the federal funds rate will least likely change in a response to a change in the:（）
A. real long-term interest rate.
B. supply of real loanable funds.
C. amount of reserves in the banking system.
[单项选择]If the money interest rate is measured on the y-axis and the quantity of money is measured on the x-axis, the money supply curve is:（）
A. horizontal.
B. upward sloping to the upper right.
C. vertical.
[单项选择]The nominal risk-free rate of interest equals the real risk-free rate:（）
A. minus expected inflation.
B. plus actual inflation.
C. plus expected inflation.
[单项选择]Restless. corn has an 8% rate of interest on newly issued bonds. The firm has a return on equity of 13.33% and a dividend payout ratio of 40% ; the last dividend paid was $ 1.50, and the firm’s shares sell for $ 26. The stock’s beta is 1.7, the expected return on the market portfolio is 11%, and the risk-free rate of interest is 6%. If the appropriate risk premium relative to the bond yield is 5% for a dot-corn, estimate Restless. corn’s cost of equity capital using the bond yield plus risk premium (BY+RP), the dividend discount model (DDM) and the capital asset pricing model (CAPM), respectively. The firm is in a 35% marginal tax bracket. BY+RP DDM CAPM （）①A. 10.2% 14.2% 24.7%②B. 10.2% 11.4% 13.5%③C. 13.0% 14.2% 14.5%
A. ①
B. ②
C. ③
